New Gold Inc. announced today that it has acquired 37,366,932 common shares of Talisker Resources Ltd. at $0.37 per Purchased Share for total consideration of approximately $13.8 million, representing approximately 14.9% of Talisker's issued and outstanding common shares. The acquisition of the Purchased Shares was made pursuant to a purchase and [...]
New Gold Inc. provides notice that it will release its first quarter 2021 financial results before market on Wednesday, May 5, 2021. A conference call and webcast will follow at 8:30 am Eastern Time. Additionally, New Gold provides details for the 2021 Annual General Meeting of Shareholders on May 4, 2021. Shareholders may request a hard copy of [...]
New Gold Inc. reports in-line first quarter operational results for the Company as of March 31, 2021 and provides an early-stage exploration update. The Company is also providing details for the first quarter earnings conference call and webcast that is scheduled for May 5, 2021 at 8:30 am Eastern Time. This press release features multimedia. View [...]
Talisker Resources Ltd. is pleased to announce that New Gold Inc. is expected to acquire a 14.9% interest in Talisker. "As one of Canada's leading gold producers and with a prominent position in south-central BC, we are pleased to welcome New Gold as a strategic investor in our Company," commented Terry Harbort, Chief Executive Officer of Talisker [...]
New Gold Inc. announced today that it has agreed to purchase 154,940,153 common shares of Harte Gold Corp. pursuant to a private placement at a price of $0.16 per share for total consideration of approximately $24.8 million providing New Gold with a 14.9% strategic interest in Harte Gold's pro forma issued and outstanding common shares. Closing of [...]
New Gold Inc. reports fourth quarter and annual results as of December 31, 2020, achieving the mid-range of the revised annual production and cash cost guidance, with All-in Sustaining Costs below revised annual guidance. An earnings conference call and webcast will begin on February 19, 2021 at 8:30 am Eastern Time to discuss the fourth quarter [...]
New Gold Inc. provides its annual operational outlook for the New Afton Mine, which had been delayed due to the mud-rush incident that occurred on February 2, 2021. The Company is also providing its annual consolidated operational outlook. The operational outlook for the Rainy River Mine was previously issued on February 10, 2021. All amounts are [...]
New Gold Inc. provides annual operational outlook for the Rainy River Mine and updated Mineral Reserves and Mineral Resources as of December 31, 2020. Annual operational estimates for the New Afton Mine will be released at a later date. All amounts are in U.S. dollars unless otherwise indicated. Following the tragic underground mud-rush event at [...]
New Gold Inc. announces that partial underground operations as well as B3 and C-Zone development activities have resumed over the weekend at the New Afton Mine, located in Kamloops, B.C., following the tragic underground mud-rush incident that occurred on February 2, 2021. "The restarting of mining activities is a significant step for the New Afton [...]
New Gold Inc. announces that, while ensuring the health, safety and wellbeing of our employees and contractors, surface operations have resumed at the New Afton Mine, located in Kamloops, B.C. The mill facility and tailings operations were restarted yesterday afternoon local time and the mill is currently processing ore from the live pile and [...]
New Gold Inc. provides an update on the tragic incident at the New Afton Mine, located in Kamloops, B.C. On Tuesday, February 2, 2021, the Company reported that an individual employed by a drilling contractor to New Gold was involved in a fatal underground mud-rush incident. The body of the individual was recovered yesterday at approximately 5:30 [...]
New Gold Inc. announces that at approximately 1:40 am Pacific Time on February 2, 2021, the New Afton Mine, located in the Kamloops, B.C., experienced a mud rush incident involving three individuals. Two New Gold employees received non-life threatening injuries and received medical care while one contract driller is presumed to be deceased. The [...]